1-4 Schrepel PlaceBoston, MA 02127

Description

The Property consists of a three-story building containing twelve (12) units comprised of eight (8), 2-Bedroom/1-Bathroom units and four (4) 1-Bedroom/1-Bathroom units with 11,070 square feet of living area in 14,760 gross square feet on a 0.149-acre parcel. The building has separate utilities and the tenants are responsible for their own electricity, electric heat and hot water. The building features a coin operated laundry facility in the basement, individual tenant storage spaces in the basement and eight (8) off street parking spaces. Several of the units have been renovated, featuring hardwood floors, cherry colored wood cabinets, granite countertops and stainless-steel appliances. The Property has been well maintained and is currently leased at below market rates offering the opportunity to significantly increase rents to market rates via lease renewals. Centrally located in the heart of South Boston and 1.2 miles to Broadway Station and 1.7 miles to Boston’s South Station, the Propertyoffers the rare opportunity to acquire an outstanding core asset in an incredible urban-infill location in one of the strongest real estate markets in the country.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1920

Stories

5

Living area

11,070 Sq Ft

Lot size

0.14 acres

Parking spaces

8

Zoning

A

Days on market

44

MLS^® Listing#

73579555

Property Features

Appliances

Electric Water Heater

Heating

Electric

Basement

Unfinished

Parking

Off Street

Lot features

Other

Construction

See Remarks

Foundation

Other

Roof

Rubber

Community

Pool · Tennis Court(s) · Park · Golf · Other

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$54,494Tax year 2026

Assessed value

$4,356,195

Directions

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